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In early September, the President of Kazakhstan will again address the population with an annual message. On the eve of this event, I decided to talk to well-known economists about their expectations regarding the main political statement in the country.
We did not notice how we began to borrow from banks for almost everything. For a new phone, for a car and an apartment, for a wedding, for food, and even loans to cover other loans. And don't forget about payday loans, vacation loans, and loans again to close all these loans. As a result, today we owe trillions of tenge to banks. And this figure is not even growing every year, but from month to month.
"When developing laws and various rules, financial and industrial groups and large businesses have a great influence on decision-making. This is typical for almost all countries, including developed ones. But when this happens behind the scenes, in conditions of complete legal instability, a wide field for corruption is created. In the civilized world, politics is not formed behind closed doors," Kassym-Jomart Tokayev said last spring, speaking to deputies.
A regular meeting of the economic club was held at the site of the Kazakhstan Institute for Strategic Studies under the President of the Republic of Kazakhstan, where the draft National Development Plan "Kazakhstan-2029", developed by the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan (ASPIR), was discussed. The Agency has done a lot of work on the formation of this strategy, however, experts expressed interest in reviewing and finalizing it.
The sociological service of the TALAP Center conducted a unique study on the health of Kazakhstani people.
The war became a test for forecasters. Almost everyone identified the key point: the risk for Kazakhstan was not in Hormuz, but in the CPC, Tengiz, and export infrastructure. But beyond that, forecasts diverged. Some focused on GDP, others on the oil price, and still others on the tenge exchange rate. Reality showed that the key variable was not the Brent price, but the country’s ability to produce, export, and monetize oil.
The first material opens the TALAP series and sets the global context: strategic foresight is becoming part of contemporary management practice.
The second material shows how TALAP is turning the global practice of strategic foresight into its own tool for Kazakhstan.
